Japan Logistic Systems Balance Sheet Health
Financial Health criteria checks 1/6
Japan Logistic Systems has a total shareholder equity of ¥14.5B and total debt of ¥18.4B, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are ¥47.2B and ¥32.7B respectively. Japan Logistic Systems's EBIT is ¥1.2B making its interest coverage ratio 9.1. It has cash and short-term investments of ¥3.9B.
Key information
127.0%
Debt to equity ratio
JP¥18.36b
Debt
Interest coverage ratio | 9.1x |
Cash | JP¥3.94b |
Equity | JP¥14.46b |
Total liabilities | JP¥32.73b |
Total assets | JP¥47.18b |
Recent financial health updates
Is Japan Logistic Systems (TYO:9060) A Risky Investment?
Mar 11Japan Logistic Systems (TYO:9060) Takes On Some Risk With Its Use Of Debt
Dec 11Recent updates
Is Japan Logistic Systems (TYO:9060) A Risky Investment?
Mar 11Japan Logistic Systems Corp. (TYO:9060) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 29Will The ROCE Trend At Japan Logistic Systems (TYO:9060) Continue?
Jan 04Japan Logistic Systems (TYO:9060) Takes On Some Risk With Its Use Of Debt
Dec 11Financial Position Analysis
Short Term Liabilities: 9060's short term assets (¥15.0B) do not cover its short term liabilities (¥17.2B).
Long Term Liabilities: 9060's short term assets (¥15.0B) do not cover its long term liabilities (¥15.6B).
Debt to Equity History and Analysis
Debt Level: 9060's net debt to equity ratio (99.7%) is considered high.
Reducing Debt: 9060's debt to equity ratio has increased from 123.2% to 127% over the past 5 years.
Debt Coverage: 9060's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 9060's interest payments on its debt are well covered by EBIT (9.1x coverage).